Frontera Energy: Following Light Oil and Gas Condensate Discovery at the Kawa-1 Exploration Well, Frontera and JV Partner to Focus on Corentyne Block; Has in Principle Come to Mutual Agreement With Government of Guyana to Relinquish Demerara Block

MEG Energy: Ryan Kubik Will Be Co's New Chief Fincl Officer Effective Aug 1, 2022; Mr. Kubik Will Succeed Mr. Eric Toews Who, as Previously Announced, Plans to Retire Effective Sept 1, 2022; Following Mr. Kubik's Appointment, Mr. Toews Will Remain With Corp Until Sept 1, 2022 to Ensure a Smooth Transition


Expected Major Events for Friday

08:30/UK: 1Q Bank of England statistics on UK banks' external claims

08:59/JPN: Japan Monetary Policy Meeting decision

09:00/ITA: Apr Foreign Trade EU

11:00/UK: 2Q Bank of England Quarterly Bulletin

12:30/CAN: Apr International transactions in securities

12:30/CAN: May Industrial product & raw materials price indexes

13:15/US: May Industrial Production & Capacity Utilization

14:00/US: May Leading Indicators

14:00/US: May State Employment and Unemployment

All times in GMT. Powered by Kantar Media and Dow Jones.


Expected Earnings for Friday

Silver Bull Resources Inc (SVB.T) is expected to report for 2Q.

Statera Biopharma Inc (STAB) is expected to report for 1Q.

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ANALYST RATINGS ACTIONS

AirSculpt Technologies Cut to Equal-Weight From Overweight by Morgan Stanley

Apple Hospitality REIT Raised to Buy From Neutral by B. Riley Securities

Armstrong World Raised to Buy From Hold by Loop Capital

Arthur J Gallagher & Co Raised to Outperform From Sector Perform by RBC Capital

AutoZone Raised to Overweight From Equal-Weight by Morgan Stanley

Boeing Raised to Buy From Neutral by Citigroup

Dollar General Raised to Overweight From Equal-Weight by Morgan Stanley

DuPont de Nemours Cut to Hold From Buy by Jefferies

Eastman Chemical Cut to Hold From Buy by Jefferies

Green Brick Partners Cut to Neutral From Buy by B. Riley Securities

Intl Flavors & Fragrances Cut to Hold From Buy by Jefferies

Republic Services Raised to Buy From Hold by Deutsche Bank

Sally Beauty Holdings Cut to Underweight From Equal-Weight by Morgan Stanley

Sanderson Farms Cut to Equal-Weight From Overweight by Consumer Edge Research

Taylor Morrison Home Cut to Neutral From Buy by B. Riley Securities

Tri Pointe Homes Cut to Neutral From Buy by B. Riley Securities

Watsco Cut to Underweight From Equal-Weight by Morgan Stanley

This article is a text version of a Wall Street Journal newsletter published earlier today.


(END) Dow Jones Newswires

06-17-22 0511ET